A firm had the following financials last year: Sales Revenue = $3,060 Accounts receivable = $500...
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A firm had the following financials last year: Sales Revenue = $3,060 Accounts receivable = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 Cost of goods sold = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of outstanding number of common shares = 1,000 The E.P.S of the firm, rounded to four decimal places is Oa. $0.3024 Ob. $0.3204 O c. $0.5125 Od. $0.5335 A project has the following cash inflows $40,000; $60,500; $70,000; and $48,800 for years 1 through 4, respectively. The initial cash outflow is $184,000. Which of the following four statements is correct concerning the project internal rate of return (IRR)? O a. The IRR is between 10 and 14% O b. The IRR < 10% O c. The IRR is greater than 14% but less than 18% O d. The IRR > 18% A firm had the following financials last year: Sales Revenue = $3,060 Accounts receivable = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 Cost of goods sold = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of outstanding number of common shares = 1,000 The E.P.S of the firm, rounded to four decimal places is Oa. $0.3024 Ob. $0.3204 O c. $0.5125 Od. $0.5335 A project has the following cash inflows $40,000; $60,500; $70,000; and $48,800 for years 1 through 4, respectively. The initial cash outflow is $184,000. Which of the following four statements is correct concerning the project internal rate of return (IRR)? O a. The IRR is between 10 and 14% O b. The IRR < 10% O c. The IRR is greater than 14% but less than 18% O d. The IRR > 18%
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Sales Revenue 3060 Accounts receivable 500 Interest expense 126 Total operating expenses 600 Account... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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